Derived Data That Drive Results
By Martin Miller — Dec 11 - 04:10 AM
AUD/USD bias remains on the downside, spot hits a new 2024 low at 0.6341
Tenkan and kijun line are negative aligned, reinforcing the bearish market
14-day momentum reading remains negative, expect an eventual drop sub 0.6300
Our 0.6540 short met its objective at 0.6350. We will stand aside for now
Instead we are look for better levels to sell in coming sessions
AUD/USD Trader TGM2347. Previous update nL1N3NB09H
Daily Chart: Click here
Source:
London Stock Exchange Group | Thomson Reuters
